Opinion – Tuesday 2 May 2023

U.S. Equity Markets surged on Friday as the S&P had its best day since January closing higher by 1.96%. Meanwhile better tech earnings saw the NASDAQ 100 end the day with a gain of 3%. After a volatile session yesterday Equity Markets closed mainly unchanged....

Opinion – Friday 28 April 2023

U.S. Equity Markets rebounded yesterday after Meta Platforms (META) reported first-quarter revenue and earnings that beat estimates as digital advertising revenue rebounded following three consecutive quarters of decline. The ‘year of efficiency’ is off to a good...

Opinion – Thursday 27 April 2023

U.S Equity Markets closed mixed following yesterday’s trading session that witnessed plenty of two-way price action. Although the Dow closed lower by 0.68% better earnings from Google and Microsoft saw the NASDAQ 100 end Wednesday with a gain of 0.64%. The Conference...

Opinion – Wednesday 26 April 2023

A 40% fall in First Republic Shares saw the U.S. Equity Markets get hit hard across the board. The Bank Index led yesterday’s declines, closing lower by 4%. Better earnings from both Microsoft and Google have helped Futures Markets to rally overnight. This is an...

Opinion – Tuesday 25 April 2023

U.S Equity Markets closed mixed following another quiet trading session. Although the Dow closed higher by 0.20%, the NASDAQ 100 was weak as Bond Yields rose, closing lower by 0.24%. Federal Reserve Bank of Dallas President Lorie Logan and Fed Governor Michelle Bowman...

Opinion – Monday 24 April 2023

U.S. Equity Markets closed higher following the quietest trading week of the year-to-date. The NASDAQ 100 led Friday’s gains, closing higher by just 0.11%. The VIX got crushed, closing lower by 2.33% at a price of 16.77. U.S. Treasury Secretary Janet Yellen said that...